Total Mortgage is currently offering some of the lowest mortgage rates in Newark, New Jersey. Newark is the largest and the second most diverse city of New Jersey. With the prices of homes declining, Newark has become a buyer’s market and demand for fixed rate mortgages are rising. Total Mortgage is here to help your dreams come true with affordable and some of the lowest mortgage rates in NJ.
Fixed mortgage rates are popular among borrowers because the terms of the loan remain constant over the period of the loan. There are a number of fixed mortgage products available at Total Mortgage. A 30 year fixed conventional mortgage is available at 4.125% interest rate with a 4.323% APR. A 20 year fixed conventional and a 15 year fixed conventional mortgages are offered at a rate of 4.000% (4.273% APR), and 3.625% (3.972% APR) respectively.
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FHA VS CONVENTIONAL LOAN
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